LenderLive network becomes parent company to Guardian Mortgage Documents MortgagePress.combusiness process outsourching, GMD, Lenderlive, multi-product capabilities
LenderLive Network Inc., a company that provides business
process outsourcing and technology to the financial industry,
announced this week it has purchased the assets of Colorado-based
Guardian Mortgage Documents (GMD), which has provided document
preparation services and software to the financial industry for 20
years.
GMD, which works with some of the industry's largest lenders,
has worked for 10 years as the exclusive provider of document prep
services to LenderLive. GMD will maintain its management and
operations will continue from the Lakewood location.
"This acquisition takes our longstanding relationship with
Guardian management and its staff to the next level, allowing us to
capitalize on the tremendous synergies that are already in place,"
explained Rick Seehausen, president of LenderLive. "We are proud to
have the opportunity to tap into the knowledge base and skill of
Guardian's employees while continuing to offer the same high level
of service to the mortgage industry."
GMD's products and services have been built on best-of-class
technology designed to provide an inventory of scalable and
flexible multi-product capabilities, which can be customized to
deliver services. From simple document preparation to fully
integrated and customized workflow solutions, GMD technology
streamlines all processes to increase efficiencies.
Since 1987, GMD has provided document preparation and delivery
services to several top 10 lenders. The company produces millions
of documents a year for its customers and has received multiple
industry recognition awards. Michael O'Leary, who founded GMD, will
continue as president of the company.
"In a time when so much is changing in the financial industry,
we are fortunate to have a strong relationship already in place
with LenderLive," O'Leary said. "It is good to know we are a part
of a company that has the same commitment to quality and service
that we have. LenderLive has an unparalleled reputation in the
industry and joining our two companies offers complete mortgage
origination and loan fulfillment services that deliver the best
value to clients."
Document preparation is the only part of the loan origination
cycle that LenderLive has outsourced in the past. GMD's solutions
now completes LenderLive's end-to-end origination offering.
"This acquisition has placed us in a power position for the
future," Seehausen said. "LenderLive's primary goal is to provide
excellent service to its clients in every aspect of their business.
From the point of sale to all back office operation, we strive to
help our clients reduce the cost of providing service to their
customers."
For more information about the company and its services,
contact Rick Seehausen at 303.226.8001 or visit www.lenderlive.com.
